Forrás nyRt Balance Sheet Health
Financial Health criteria checks 3/6
Forrás nyRt has a total shareholder equity of HUF35.7B and total debt of HUF34.6B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are HUF80.7B and HUF45.0B respectively. Forrás nyRt's EBIT is HUF931.1M making its interest coverage ratio -0.8. It has cash and short-term investments of HUF12.7B.
Key information
96.9%
Debt to equity ratio
Ft34.59b
Debt
| Interest coverage ratio | -0.8x |
| Cash | Ft12.66b |
| Equity | Ft35.70b |
| Total liabilities | Ft45.01b |
| Total assets | Ft80.71b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FORRAS/OE's short term assets (HUF29.6B) exceed its short term liabilities (HUF12.2B).
Long Term Liabilities: FORRAS/OE's short term assets (HUF29.6B) do not cover its long term liabilities (HUF32.8B).
Debt to Equity History and Analysis
Debt Level: FORRAS/OE's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: FORRAS/OE's debt to equity ratio has increased from 3% to 96.9% over the past 5 years.
Debt Coverage: FORRAS/OE's debt is well covered by operating cash flow (50.6%).
Interest Coverage: FORRAS/OE earns more interest than it pays, so coverage of interest payments is not a concern.